235 W 23rd St Chicago, IL 60616
Chinatown NeighborhoodEstimated payment $4,945/month
About This Home
A rare chance to own a legal 3-unit property with coach house & 4-CarGarage in the heart of vibrant Chinatown. This long-term owner-occupied building has been well maintained and is zoned RT-4, offering excellent flexibility for both homeowners and investors. The front building features two spacious units, each with 2-3 bedrooms, a living room, kitchen, and bathroom. In the rear, you'll find a coach house unit sitting above a solid brick 4-car garage. Additional highlights include a full basement with laundry area and abundant storage space. Perfect for an owner-occupant who wants to live in one unit and collect rent from the others, or for investors seeking strong returns. With the growing demand in the area, this property also offers outstanding potential for short-term or mid-term rental strategies to maximize income above traditional leasing. Don't miss out on this unique opportunity to own a multifamily gem in the heart of Chinatown.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,408
Year Built
- Built in 1889
Parking
- 4 Car Garage
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 1 Bathroom
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 125.5x25
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
09/04/2025 09/04/25 | Pending | -- | -- | -- |
08/23/2025 08/23/25 | For Sale | $850,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12453898

APN: 17-28-213-015
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